Citizens & Northern (NASDAQ:CZNC) Announces Quarterly Earnings Results

Citizens & Northern (NASDAQ:CZNC) released its earnings results on Thursday. The financial services provider reported $0.40 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.44 by ($0.04), Bloomberg Earnings reports. Citizens & Northern had a net margin of 26.57% and a return on equity of 10.69%.

NASDAQ CZNC traded up $0.08 during trading on Friday, hitting $25.11. The stock had a trading volume of 2,179 shares, compared to its average volume of 12,862. The company has a market capitalization of $312.54 million, a PE ratio of 14.41 and a beta of 0.32. The company’s 50-day moving average price is $25.16 and its two-hundred day moving average price is $26.06. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.87 and a current ratio of 0.87. Citizens & Northern has a 12 month low of $22.52 and a 12 month high of $29.25.

CZNC has been the topic of several research reports. BidaskClub cut Citizens & Northern from a “hold” rating to a “sell” rating in a research note on Tuesday, October 8th. ValuEngine upgraded Citizens & Northern from a “sell” rating to a “hold” rating in a research note on Friday, October 4th.

About Citizens & Northern

Citizens & Northern Corporation operates as the bank holding company for Citizens & Northern Bank that provides a range of banking and mortgage services to individual and corporate customers in North Central Pennsylvania and Southern New York. The company offers deposit products, including various types of checking accounts, passbook and statement savings accounts, money market accounts, interest checking accounts, individual retirement accounts, and certificates of deposits, as well as non-insured RepoSweep accounts.

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Earnings History for Citizens & Northern (NASDAQ:CZNC)

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